The service enables clients to extend their lease by 90 years, helping them to increase the value of their existing leasehold properties and to complete mortgage applications that may have been rejected due to the lease being too short.
Intermediaries using TBMC’s lease extension service for their clients will receive £100 per lease extension. The service provides free online estimates and a price match guarantee.
Andy Young, chief executive at TBMC said: ‘We are pleased to be launching this new service for our business introducers as it provides a great opportunity for intermediaries to earn extra income and help their clients at the same time.
“Leasehold property owners will be well aware that the value of their property can decrease as time goes by and some may struggle to sell or buy a property which has a shorter lease. Therefore, obtaining a lease extension can be a great way for leaseholders to increase the value of their property.
“Our lease extension service for intermediaries is accessed via our website and provides an easy to use online estimator. We use high quality professionals with expertise in lease extensions and will appoint both the surveyor and the solicitor from our panel of experts.
“For each completed lease extension we will pay our introducers £100. The service also offers a price match guarantee. We are so confident that we offer the best value lease extension service that if, before or after ordering, our introducers find another provider offering the same service at a lower price we will match it and give their clients £25 back.”
